Tax from "expenses" item receipt not coming through to bill

Andrew Rippon

Hi,

We are using Reckon Accounts Hosted Edition 2020.  I'm having a GST tax issue:

I'm bringing through "expenses" style item receipts for purchase orders raised from an external system.  I can bring them through fine with an IIF file.  However, neither with the IIF generated item receipts or ones created manually in Reckon itself can I get the GST to transfer as I enter a bill against the item receipt.

Here is a sample expenses style item receipt:



Here is what happens when we then load a bill against it:



It drops the GST tax component.  You can go through line by line and retype tax as "S" and it will calculate the tax.  This is pretty tedious though, and not something we want to be doing long-term.

Why it it dropping the Tax Amount on conversion from an Item Receipt to a Bill, and how do I best fix this issue?

Thank you for your help

Andrew

Acctd4

Hi Andrew

 

An Item Receipt doesn’t show the tax code as it has no relevance to GST – Delivery/receipt of goods simply counts the delivery against the PO (if applicable), increases your accounts payable & adjusts your inventory (quantity & average net cost) GST only comes into play once you are billed for the goods.

 

The prefilling of the tax code on the bill sounds more like an Item setup issue – Do your Items have default tax codes on them?

 

Also check that your tax codes are correctly set up – I see you’re using a manually-created one there (“S”)

Is there a reason why you’re not using the default Reckon tax codes?

 

Shaz Hughes Dip(Fin) ACQ NSW, MICB

Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

Accounted 4 Bookkeeping Services

Ballajura, WA

0422 886 003

shazinoz2@bigpond.com

www.accounted4bs.com